The March Was Scheduled to Begin at 11:30 AM. People Started Showing Up At 8:00 AM Until After 1:00 PM. The Camera Was Turned Off at Exactly 11:30 AM. Hundreds of Thousands More Were Gridlocked On Freeways and Trapped By Traffic

This is no longer the 'Land of the Free and the Home of the Brave' . . .

We are fast becoming 'a land of slaves and the home of sheep'

Site Ranking Meant Everything -- Until Obama

Obama's Doing ___ ? My web host Has Blocked Me From Updating My News Site For Over A Year !

I was able to speak to a live person one day in December, 2009. She was polite but could not help me update my news site. I found it impossible to follow her instructions. The host's file manager has been 'dumbed down' and will not accept HTML coding. Other web hosting companies demand a full year paid for in advance. After repeated telephone calls, my host connected me to a call center in India. Forcing me to listen to Indian music was a 'non-responsive response.' Talking to a live person gave me the same result. I have called repeatedly. Nobody has responded to my complaints. And the Indian phone rings off the hook. Then more bad foreign music.

It now appears I will have to abandon all efforts to update my news site. So Scr@w It !

I have other fish to fry. I do not believe in 'coincidences' or 'mistakes.' True Obama fanatics work exactly like Hitler's Nazi Brownshirts . . .

Below you can see the powers that the State can activate, thanks to these orders, when martial law is declared:

Executive Order Number

Meaning

10990

Allows the government to take control over all modes of transportation, highways, and seaports.

10995

Allows the government to seize and control the communication media.

10997

Allows the government to take over all electrical power, gas, petroleum, fuels, and minerals.

10998

Allows the government to take over all food resources and farms.

11000

Allows the government to mobilize civilians into work brigades under government supervision.

11001

Allows the government to take over all health, education, and welfare functions.

11002

Designates the Postmaster General to operate national registration of all persons.

11003

Allows the government to take over all airports and aircraft, including commercial aircraft.

11004

Allows the Housing and Finance Authority to relocate communities, build new housing with public funds, designate areas to be abandoned, and establish new locations for populations.

11005

Allows the government to take over railroads, inland waterways, and public storage facilities.

11051

Specifies the responsibility of the Office of Emergency Planning and gives authorization to put all Executive Orders into effect in times of increased international tensions and economic or financial crisis.

11310

Grants authority to the Department of Justice to enforce the plans set out in Executive Orders, to institute industrial support, to establish judicial and legislative liaison, to control all aliens, to operate penal and correctional institutions, and to advise and assist the President.

Allows the Federal Emergency Preparedness Agency to develop plans to establish control over the mechanisms of production and distribution, of energy sources, wages, salaries, credit and flow of money in the U.S.A. financial institution in any undefined national emergency. It also provides that when a state of emergency is declared by the President, Congress cannot review the action for six months.

It seems that HHO really works. The oil companies may even try to block some of the news links. Seems somebody is very angry about the truth getting out. Click the banner above to learn more. You can even buy the system directly from poor little ex-Texan. I ought to get something for all my efforts. Nobody else deserves a nickel. After all, without my diligent research, you would still be in the dark.

There are good reasons why the highly rated movie"Syriana" is gaining popularity on DVD: One is a scene where a corrupt lawyer kingpin, says, in effect, "We own the world until people figure out they can run cars on water."

The oil companies are spreading lies about the system. There are rumors being spread by major automobile magazines. People would rather gobble up shi'ite by the shovelful than admit the truth.

I have stated on the record that by March, 2006 virtually everybody would be aware of the housing bubble. In fact, just today, March 10, 2006, ABC News Morning Show had a Special Report about the housing bubble. They interviewed two investment analysts that sold their New York condo and are 'sitting out the bubble.' These two astute people said they are saving a bundle over the cost of buying again. They plan to purchase another condo after housing crashes. ABC News invited a realtor to give a contrary view. But she admitted that selling out now and moving to a city with less expensive real estate was a new trend.

So my first prediction of 'National Awareness of the Bubble' proved to be correct. I said this would occur by the first quarter of 2006. My prediction has now taken place.

For the record, I was one of the first people to recognize there was a problem with hyper-inflated real estate. My first comment about excessive real estate prices was posted on Free Republic on or about March, 2003. I posted a few more comments about real estate prices in 2004.

About ex-Texan's "Mortgage Lender Failure" Posts:

Late in 2006, I predicted perhaps 100 lenders would go belly up in 2007. We hit that mark in late January, 2007. Then I adjusted my prediction upwards to say we may see "150 mortgage lenders" go belly up by December, 2007. On September 7, 2007 my prediction again came true -- three months early ! . . . As of December 10th - 200 Mortgage Lenders Had Imploded . . . The number of failed lenders is still growing daily. On December 31, 2007 the total was 221 . . .

Beyond that, the companys foreclosure and related services outsourcing business is among the most dominant in the residential default management space; the company owns roughly 40 percent of the market for outsourced foreclosures

A lawsuit filed by a Wisconsin couple against Chevy Chase Bank could have major implications for banks should a U.S. appeals court agree that borrowers can cancel their loans en masse when their lenders violate a federal lending disclosure law.

The attorneys are arguing that lending institutions can't always prove that they own the debt they're trying to collect. The lawyers say the formation of mortgage - backed security created a situation in which failed to maintain the paperwork.

The lawsuit _ filed on the same day Countrywide shareholders approved the company's takeover by Bank of America Corp. _ stems from information gathered under subpoena after the state launched a probe last year into the troubled company's business

Bear Stearns CEO, Jimmy Cayne, told investors the bank had no liquidity issues. A few days later the securities firm was on the verge of bankruptcy and had to be rescued by an emergency acquisition and intervention by the Federal Reserve. "He could be in deep trouble," Harry First tells the New York Sun.

The case "shows that one of the fundamental lessons of Enron - that you can't mislead investors about the state of company affairs - did not make it to the hedge funds," said Jacob Frenkel, a former SEC lawyer with Schulman Rogers in Rockville, Md. "The problem is saying the company is doing well when that's not true."

The Department of Justice and Federal Bureau of Investigation (FBI) announced today a national takedown of mortgage fraud schemes, the culmination of substantial coordinated efforts during the last three and a half months to identify, arrest and prosecute mortgage fraud violators through the United States.

Separately, the government today unsealed an indictment against two former managers of Bear Stearns Cos. hedge funds whose collapse helped ignite the subprime meltdown. The crisis has forced hundreds of thousands of people from their homes through foreclosures and triggered almost $400 billion in losses and writedowns on Wall Street.

The bill will allow troubled financial institutions to foist the riskiest mortgages in their portfolios onto the Federal Housing Administration (FHA) -- ultimately putting the American taxpayer on the hook for their bad bets.

Now we know on occasion Jim Johnson  and this is the same Countrywide that Barack Obama criticized: "These are people responsible for infecting the economy and helping create a home foreclosure crisis." He personally took on the CEO, Angelo Mozilo.

The uncertainty has caused already battered investors to lose confidence in financial companies, and expectations have increased that more layoffs, asset sales and capital raising will be needed in the weeks ahead.

No Note -- No Foreclosure In reality MERS is really nothing more than a shell, or a front corporation for its so-called members. Many MERS members are now reporting hundreds of billions of dollars of losses as result of their ill conceived scheme to ramp up mortgage origination so they could pretend to flip millions of mortgage loans into trusts in exchange for trillions of dollars of investors money. One big problem was that the promissory notes were never actually delivered to the trustees of these trusts. Therefore these trusts have no evidence of ownership of the debts they purportedly purchased.

The point of maximum stress could occur in coming months if the ECB carries out the threat this month by Jean-Claude Trichet to raise rates. It will be worse yet - for Europe - if the Fed backs away from expected tightening. "This could trigger another 'catastrophic' event," warned Morgan Stanley.

Creative tactics to keep owners in homes; We cant wait for the Feds

Associated Press

Philadelphia is just the latest in a growing number of cities  including Los Angeles, Baltimore, and Trenton, N.J.  that are taking matters into their own hands to help stop the nations housing crisis within their borders.

U.S. prosecutors are preparing to file criminal charges against managers of two Bear Stearns hedge funds whose collapse helped kick off the credit crisis last year, the Wall Street Journal reported on Monday.

In December 2007, he co-signed a letter to Federal Reserve Chairman Ben Bernanke that called these mortgages at Countrywide "abusive" because "these loans were not made on the basis of a borrower's ability to pay."

Lenders took possession of 73,794 houses in May, more than doubling the 28,548 REOs in May 2007, RealtyTrac said. That pushed total REOs to more than 700,000, RealtyTrac said. ``Right now, lenders are afraid to lend and buyers are afraid they'll be under water in a year, so unless something dramatic happens we're going to continue to see the trend go in the wrong direction,''

A former underwriter who says she was forced to resign after blowing the whistle on fraud at Capital One Financial Corp's subprime mortgage unit filed a $51 million lawsuit against her former employer on Thursday.

Ms. Callan -- a former tax lawyer and head of Lehman's once-thriving private equity firm relationship management group -- was deputized to defend Lehman against short-sellers who questioned the firm's claims that its exposure to bad real estate deals was under control and that its capital was sufficient.

Freddie Mac and Fannie Mae have a debt-to-equity ratio -- a measure of how leveraged they are -- of 27.6 and 19.6, respectively. By contrast, the ratio at Bank of America and J.P. Morgan Chase is about 3.9

Other participants in the V.I.P. program included former Secretary of Housing and Urban Development Alphonso Jackson, former Secretary of Health and Human Services Donna Shalala, and former U.N. ambassador and assistant Secretary of State Richard Holbrooke. Jackson was deputy H.U.D. secretary in the Bush administration when he received the loans in 2003. Shalala, who received two loans in 2002, had by then left the Clinton administration for her current position as president of the University of Miami.

Perhaps the most unusual of Mr. Johnson's loans was one for more than $1.5 million last year for a real-estate project in Big Timber, Mont. At the time he got the loan, what the records indicate were Mr. Johnson's monthly obligations were nearly twice his stated monthly income,

One of the nations top central bankers called Monday for a significant overhaul in regulation of the financial industry, declaring that the current system of supervision is confusing and susceptible to perverse abuses.

Everything you always wanted to know about the housing crash, but were afraid to ask.

by Lawrence B. Lindsey

Weekly Standard

It is the uniqueness of the current housing crash that adds to its intractability. Policymakers haven't been here before, so they're not certain of the way out. Many of the institutions that underpin the industry are relatively new--actually created since the last downturn in the early 1990s--and untested. We also know that many of those institutions were far from transparent, and some were fraudulent.

Long-standing ties between a member of Senator Obama's new vice presidential search team and a prominent mortgage executive the senator has pilloried could become a political liability that hampers the presumptive Democratic presidential nominee's ability to tap into public ire over the subprime mortgage crisis.

The notes to be offered have not been registered under the Securities Act or applicable securities laws, and until so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

Trouble Is, He Is the Law; Philly's Sheriff Green Doesn't Do Foreclosures, to Lenders' Dismay

By MICHAEL M. PHILLIPS -WSJ

It also prompted a sweeping, court-endorsed deal, scheduled to go into effect next week that aims to help homeowners avoid foreclosure. Mr. Green's unilateral approach has pushed Philadelphia to the leading edge of local responses to the national crisis.

Countrywide instructed Dan not to speak with the media; that the media are all bad guys looking to exploit you for their gain. He also told Dan that he would get the best loan of his homeowner life and that they would expedite him through the loan modification process. COUNTRYWIDE LIED! Dan is not happy that he was literally swindled and pressured into signing a deal that was made to fail.

At the bottom of our performance/pay rankings is Mozilo of Countrywide Financial, the distressed subprime mortgage lender. Countrywide's six-year annual return of -9% lagged in comparison with its sector, and its -6% annual return since Mozilo took over as top executive in February 1998 also lagged the S&P 500. Over the past six years, Mozilo has been collecting a paycheck averaging $66 million a year.

Assistant U.S. Attorney Doug Axel urged the judge to hand down the maximum under the plea deal, saying Weiss could have saved his law firm from the losses of cases and lawyers it suffered as the investigation dragged on. "He could have done the right thing and stepped forward and deflected (harm) from the firm," Axel said.

But Bears balance sheet is rife with financial landmines, and with market conditions worsening, JPMorgan executives have cut hundreds of more jobs than they had anticipated. About 7,500 Bear Stearns bankers have lost their jobs, along with as many as 3,500 employees of JPMorgan.

Calling foreclosure "the most impersonal, awful, most traumatic thing that can happen to someone,"

They have been putting together a program that will offer free services to people who are in foreclosure due to dishonest lending practices.

By Angela Daughtry, News-Leader

Johnson's mortgage lender had filled out Johnson's loan application for her, and falsified it so that it would appear to underwriters that she could afford a loan of $83,000. The broker also lied on the application about the age of the house, and falsely lowered the size of Johnson's outstanding debt. He inflated her current mortgage rate on the application from $450 to $778 to make it appear she could afford a higher payment, and lied about the value of her home, saying it was worth $225,000 when it was assessed at $76,000. The application also stated falsely that Johnson received rental income.

"Countrywide did more to contribute to the sub-prime mortgage crisis than anyone else," Schumer said. "It always amazed me that Bank of America would want to keep someone who was in effect Countrywide's chief cook and bottle washer on the scene."

Usually ratings agencies dish out the "we're watching you" edicts, but on Monday, the U.S. Securities & Exchange Commission announced that it has begun investigating Moody's, Standard & Poor's and Fitch regarding "aspects of their methodology."

Apparently clicking "reply" when he meant to hit "forward," Countrywide Financial Corp. Chairman Angelo Mozilo ignited an online furor Tuesday by describing a mortgage customer's plea for help as a "disgusting" example of form letters inundating the Calabasas home lender. [It wasn't so much that they didn't understand; they were misled.-MSF]

Squatting is on the rise across the United States as foreclosures surge, eviction notices mount and homes go unsold for months, complicating the worst U.S. housing slump in a quarter-century and prompting real estate brokers to enlist the help of law enforcement and courts to sell empty houses.

To prove the case of illegal insider trading, all the Feds have to do is ask a few questions of the persons who bought puts on Bear Stearns or shorted stock during the week before March 17, 2008 and before. All the records are easily available. If they bought puts or shorted stock, just ask them why.

"It is believed that the Donacas committed suicide after attempts to save their home following a foreclosure notice left them believing they had few options," the Crook County Sheriff's Office said in a report.

A federal judge has ruled that a shareholder lawsuit against Countrywide Financial Corp.executives and directors should go to trial, rejecting several arguments by the troubled mortgage lender to dismiss the case. In a ruling issued Tuesday, U.S. District Judge Mariana R. Pfaelzer in Los Angeles sided with several public pension funds, finding that their witnesses' accounts of Countrywide's business practices were compelling.

This article is about how Bear Stearns stock was artificially collapsed so that illegal insider traders would make billions and J.P. Morgan would be paid $55 billion of U.S. tax payer money to shore themselves up - and buy Bear Stearns at bankruptcy prices.

Sen. Charles Schumer, D-N.Y., blasted Countrywide and other mortgage lenders during a congressional hearing for what he described as a "vulture mentality." "You're always adopting good practices after you are exposed," he said.

Hill was up to date on her payments, yet Countrywide threatened to take her home if she didn't pay thousands more in fees, according to court documents. In courts across the country, Countrywide faces allegations that it systematically abuses bankrupt homeowners and bankruptcy tribunals with fraudulent filings and inflated fees.

In a decision widely characterized as both "important" and "unprecedented," on February 28, 2008, a Massachusetts Superior Court judge enjoined a subprime lender, Fremont Investment from foreclosing on many of its mortgages with Massachusetts subprime borrowers without the express prior approval of the Attorney General.

Countrywide disputed accusations, made by hundreds of borrowers in Pennsylvania, Florida and other states, that the company has sought to collect inflated fees and other payments by filing inaccurate bankruptcy documents. The Justice Department is currently investigating the accusations.

But with mortgage defaults and foreclosures rising, Bush administration officials, regulators and lawmakers are nervously asking whether these two companies, would-be saviors of the housing market, will soon need saving themselves.